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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have a $10 bottle of salad dressing that was $5 less than a year ago.

[b]Now what? What will a Harris administration do to fix that?[/b][/quote]

What will Trump do? She's going after price gouging. Can't do anything about the past -- which, as you know, affected every other country as well and with a worse recovery than the U.S.[/quote]

"She's going after..."

What does that even mean?[/quote]

Supporting the House and Senate to pass anti-price-gouging bills.

The Dems offered one up post COVID and the GOP voted it down.

So, try again but this time, hopefully with a majority in both the House and Senate.[/quote]

Uh, it's a product or service.  Purchase it or don't.

There's no such thing as price gouging. No one is forcing you to buy anything.

This is really f'n basic stuff.[/quote]
“There’s no such thing as price gouging.” Except that’s exactly what’s been happening. From March:

[b][i]“Large grocery store chains exploited product shortages during the pandemic by raising prices significantly more than needed to cover their added costs and they continue to reap excessive profits, according to a Federal Trade Commission report.

The grocery giants also used their marketing power and leverage to widen their advantage over smaller competitors, according to the report, titled “Feeding America in a Time of Crisis.”[/b][/i]

https://www.usatoday.com/story/money/2024/03/21/ftc-report-grocery-chains-gouge/73059901007/

https://www.ftc.gov/reports/feeding-america-time-crisis-ftc-staff-report-united-states-grocery-supply-chain-covid-19-pandemic[/quote]

It is true. I was a pricing director at a top CPG company and this was my job- take advantage of any opportunity to keep taking prices up or product out (a "weight-out") until you hit a tipping point when sales fall.  Disposable income during lock down was an opportunity to increase prices. Also food companies that supply restaurants, cafeterias, concerts were losing business in those areas so they needed to make up the losses by raising prices on sales to grocery stores.  Record bonuses in CPG companies the past 3 years. Demand is falling off now, they won't be able to grow year over year which is what shareholders want so now they will fire employees to make up the losses in net sales.[/quote]

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